Deendayal Port Authority (DPA), Kandla the No.1 Major Port of India, proudly announces a
significant milestone in its history with the awarding of the Concession for
the “Container
Terminal at Tuna Tekra on BOT basis under PPP Mode” to DP World
on Thursday (14.03.2024). The ceremony, held marks a transformative journey
towards developing a ‘State
of Art‘ Mega
Container Terminal, symbolizing DPA’s commitment to excellence
and innovation in port infrastructure development.
The
project, located adjacent to the existing Dry Bulk Terminal in Tuna Tekra,
Kandla, signifies DPA’s dedication to meeting global trade and maritime
logistics needs. Awarded through a rigorous global
competitive bidding process in January 2023, the Build-Operate-Transfer (BOT)
concession spans 30 years, with an option to extend for an additional 20 years.
The Concession Agreement was earlier signed on 25th
August 2023, in the esteemed presence of Shri
Sarbananda Sonowal, Hon’ble Union Minister, and Shri Shantanu Thakur, Hon’ble
Minister of State of MoPSW whose support has been invaluable.
Noteworthy is the virtual foundation stone laying by Hon’ble Prime Minister Shri Narendra Modi
on 17th October 2023, underlining the government’s commitment to
infrastructural development and economic growth.
The
Concession Agreement allows commercial flexibility for dynamic market adaptation, fostering innovation
and efficiency in port operations. DPA has fulfilled obligations by completing
the four-lane Approach Road up to the terminal’s Back-up area.
The terminal’s strategic location will reduce
logistics costs, increase trade efficiency, attract shipping lines, and
stimulate economic growth, transforming the region’s economic landscape and
generating employment opportunities.
This milestone reinforces DPA’s commitment to
excellence, innovation, and inclusive growth, with gratitude extended to
stakeholders for their support.
Together, we embark on a transformative journey
towards a brighter, more prosperous future for our nation and its people.
The ceremony held today, marks a transformative
journey towards developing a ‘State of Art’ Mega Container Terminal,
symbolizing DPA’s commitment to excellence and innovation.
The ceremony was graced by Shri S.K. Mehta, IFS, Chairman-DPA
in the presence of Shri Nandeesh Shukla, IRTS, Dy. Chairman; Shri J.K. Rathod,
Chief Vigilance Officer; Shri V. Raveendra Reddy, Chief Engineer; Shri Suresh
Joseph, Director-Project Tuna Tekra (DP World); senior officials
of Port; stakeholders, Port users, trade unions and employees at large